The global cable accessories market reached a value of more than US$ 46 Billion in 2018. Cable accessories are designed for connecting cables and insulating conductors from direct contact with the earth. They help in strengthening cables, enhancing their durability and protecting them from degradation as well as erosion caused by ultraviolet (UV) light, environmental stress and other mediums. This aids in providing a reliable service for longer operating life in underground and overhead installations. Owing to these benefits, cable accessories are widely utilized in establishing the transmission and distribution (T&D) networks for electricity, telephone and internet systems.
Owing to industrialization, rapid urbanization, rising global population and increasing utilization of consumer electronics, there is a significant rise in the consumption of power across the globe. This, along with the rising adoption rates of smart grid technology in various countries, is impelling the global cable accessories market growth. Apart from this, governments in numerous countries are focusing on upgrading the existing grid infrastructure by utilizing new transmission lines. They are also setting up several unconventional energy power plants on account of growing environmental consciousness. Furthermore, some of the leading manufacturers in the industry are significantly investing in research and development (R&D) activities to improve the quality of cable accessories and ensure longer service life. On account of these factors, IMARC Group expects the market value to reach US$ 64 Billion by 2024, at a CAGR of almost 5.5% during the forecast period (2019-2024).
Breakup by End User:
Breakup by Voltage:
- Low Voltage
- Medium Voltage
- High Voltage
Low voltage cable accessories currently exhibit a clear dominance in the market.
Breakup by Installation:
At present, overhead cable accessories account for the majority of the total market share.
Regional Insights:
- Asia Pacific
- Europe
- North America
- Latin America
- Middle East and Africa
Asia Pacific currently represents the largest market, on account of rapid urbanization and industrialization, along with the government initiatives undertaken in various countries.
Competitive Landscape:
The competitive landscape of the market has been analyzed in the report, along with the detailed profiles of the major players operating in the industry. Some of these players are:
- Nexans SA
- The Prysmian Group
- ABB Group
- NKT A/S
- Taihan Electric Wire Company Ltd.
Key Questions Answered in This Report:
- How has the global cable accessories market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- Which are the popular voltage types in the industry?
- What are the key installation segments in the industry?
- What are the major end users in the industry?
- What are the various stages in the value chain of the global cable accessories market?
- What are the key driving factors and challenges in the global cable accessories market?
- What are the import and export trends of the global cable accessories market?
- What is the structure of the global cable accessories market and who are the key players?
- What is the degree of competition in the global cable accessories market?
- How are cable accessories manufactured?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Cable Accessories Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Breakup by Voltage
5.4 Market Breakup by Installation
5.5 Market Breakup by End-User
5.6 Market Breakup by Region
5.7 Market Forecast
5.8 SWOT Analysis
5.8.1 Overview
5.8.2 Strengths
5.8.3 Weaknesses
5.8.4 Opportunities
5.8.5 Threats
5.9 Value Chain Analysis
5.9.1 Overview
5.9.2 Research and Development
5.9.3 Raw Material Procurement
5.9.4 Manufacturing
5.9.5 Marketing
5.9.6 Distribution
5.9.7 End-Use
5.10 Porters Five Forces Analysis
5.10.1 Overview
5.10.2 Bargaining Power of Buyers
5.10.3 Bargaining Power of Suppliers
5.10.4 Degree of Competition
5.10.5 Threat of New Entrants
5.10.6 Threat of Substitutes
6 Market Breakup by Voltage
6.1 Low Voltage Cable Accessories
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Medium Voltage Cable Accessories
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 High Voltage Cable Accessories
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Installation
7.1 Overhead Cable Accessories
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Underground Accessories
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by End-User
8.1 Industrial
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Renewables
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 Asia Pacific
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 North America
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Latin America
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
10 Cable Accessories Manufacturing Process
10.1 Product Overview
10.2 Raw Material Requirements
10.3 Manufacturing Process
10.4 Key Success and Risk Factors
11 Competitive Landscape
11.1 Market Structure
11.2 Key Players
11.3 Profiles of Key Players
11.3.1 Nexans
11.3.1.1 Company Overview
11.3.1.2 Description
11.3.1.3 Product Portfolio
11.3.1.4 Financials
11.3.1.5 SWOT Analysis
11.3.2 Prysmian Spa
11.3.2.1 Company Overview
11.3.2.2 Description
11.3.2.3 Product Portfolio
11.3.2.4 Financials
11.3.2.5 SWOT Analysis
11.3.3 ABB Group
11.3.3.1 Company Overview
11.3.3.2 Description
11.3.3.3 Product Portfolio
11.3.3.4 SWOT Analysis
11.3.4 NKT Group
11.3.4.1 Company Overview
11.3.4.2 Description
11.3.4.3 Product Portfolio
11.3.4.4 Financials
11.3.4.5 SWOT Analysis
11.3.5 Taihan Electric Wire Company Ltd.
11.3.5.1 Company Overview
11.3.5.2 Description
11.3.5.3 Product Portfolio
11.3.5.4 Financials
11.3.5.5 SWOT Analysis
List of Figures
Figure 1: Global: Cable Accessories Market: Major Drivers and Challenges
Figure 2: Global: Cable Accessories Market: Sales Value (in Billion US$), 2011-2018
Figure 3: Global: Cable Accessories Market: Breakup by Voltage Level (in %), 2018
Figure 4: Global: Cable Accessories Market: Breakup by Installation (in %), 2018
Figure 5: Global: Cable Accessories Market: Breakup by End-User (in %), 2018
Figure 6: Global: Cable Accessories Market: Breakup by Region (in %), 2018
Figure 7: Global: Cable Accessories Market Forecast: Sales Value (in Billion US$), 2019-2024
Figure 8: Global: Cable Accessories Industry: SWOT Analysis
Figure 9: Global: Cable Accessories Industry: Value Chain Analysis
Figure 10: Global: Cable Accessories Industry: Porter’s Five Forces Analysis
Figure 11: Global: Low Voltage Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 12: Global: Low Voltage Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 13: Global: Medium Voltage Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 14: Global: Medium Voltage Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 15: Global: High Voltage Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 16: Global: High Voltage Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 17: Global: Cable Accessories (Overhead) Market: Sales Value (in Million US$), 2011 & 2018
Figure 18: Global: Cable Accessories (Overhead) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 19: Global: Cable Accessories (Underground) Market: Sales Value (in Million US$), 2011 & 2018
Figure 20: Global: Cable Accessories (Underground) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 21: Global: Cable Accessories (End-Use in Industrial) Market: Sales Value (in Million US$), 2011 & 2018
Figure 22: Global: Cable Accessories (End-Use in Industrial) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 23: Global: Cable Accessories (End-Use in Renewables) Market: Sales Value (in Million US$), 2011 & 2018
Figure 24: Global: Cable Accessories (End-Use in Renewables) Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 25: Asia Pacific: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 26: Asia Pacific: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 27: Europe: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 28: Europe: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 29: North America: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 30: North America: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 31: Latin America: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 32: Latin America: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 33: Middle East and Africa: Cable Accessories Market: Sales Value (in Million US$), 2011 & 2018
Figure 34: Middle East and Africa: Cable Accessories Market Forecast: Sales Value (in Million US$), 2019-2024
Figure 35: Cable Accessories Manufacturing: Detailed Process Flow
List of Tables
Table 1: Global: Cable Accessories Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Cable Accessories Market Forecast: Breakup by Voltage Level (in Million US$), 2019-2024
Table 3: Global: Cable Accessories Market Forecast: Breakup by Installation (in Million US$), 2019-2024
Table 4: Global: Cable Accessories Market Forecast: Breakup by End-User (in Million US$), 2019-2024
Table 5: Global: Cable Accessories Market Forecast: Breakup by Region (in Million US$), 2019-2024
Table 6: Cable Accessories Manufacturing: Raw Material Requirements
Table 7: Global: Cable Accessories Market: Competitive Structure
Table 8: Global: Cable Accessories Market: Key Players